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Satoshi Nakamoto Statue Found Shattered in Lake Lugano

by Catatonic Times
August 11, 2025
in Crypto Updates
Reading Time: 3 mins read
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Metropolis employees in Lugano, Switzerland, recovered damaged components of a statue meant to honor Satoshi Nakamoto, Bitcoin’s


BTC

$117,882.48

creator, on August 4.

The statue, as soon as positioned in Parco Ciani by the lake, had been thrown into the water over the weekend.

The lacking statue was first observed on August 2 by individuals strolling by the park. It had been faraway from its spot and damaged into items.

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Some fragments have been present in Lake Lugano, whereas others had washed up on the shore.

After the invention, Satoshigallery, the group behind the venture, supplied a reward of 0.1 BTC, value over $11,000, for any data that would assist recuperate it.

One principle shared by a person on X instructed the statue might need been broken by individuals out celebrating Swiss Nationwide Day.

The statue, crafted from stainless-steel and corten metal blocks, depicted a seated determine with out a face, typing on a laptop computer. It was first revealed in October 2024 throughout a blockchain occasion co-hosted by town of Lugano and the stablecoin firm Tether


USDT

$0.9895

.

Artist Valentina Picozzi, who designed the piece, stated it took 21 months to finish.

A petition has been began to ask town to restore and reinstall the statue. The individuals behind the marketing campaign have stated they’re keen to pay for the prices themselves.

In the meantime, the host of the What Bitcoin Did podcast, Peter McCormack, lately funded non-public safety patrols in his hometown of Bedford, UK. Why? Learn the complete story.



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Tags: LakeLuganoNakamotoSatoshiShatteredStatue
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